Topic: Never loan money to family, sounds bad and doesn't work
Anonymous A started this discussion 1 year ago#117,308
Most of the people who say that, are they not typically privileged in the sense that they never were faced with parents who really needed money? Or a little sister with a baby? It's such a arrogant thing to proclaim.
They will be comfortable finding excuses why they can't give you back what they agreed when they agreed, more comfortable than if you were a company or bank.
Yeah like for example you take your nephew (father's side) to court because he failed to pay back a 10k loan. Nephew complains to aunt who falls out with you because it is a perceived lack of mercy on her boy. As a result your father is caught in an argument between his son and his sister, perhaps he takes his sisters side on the matter. But your own mother, the father's sister's sister-in-law, takes your side. Suddenly a household is ripped apart.